Regionalism versus Multilateral Trade Arrangements.

There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1...

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Bibliographic Details
Main Author: Ito, Takatoshi
Other Authors: Krueger, Anne O.
Format: eBook
Language:English
Published: Chicago : University of Chicago Press, 1997.
Series:National Bureau of Economic Research-East Asia Seminar on Economics.
Subjects:
Online Access:Click for online access

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520 |a There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between multilateral trading systems and preferential trade arrangements and the impact of these tensions on East Asia. 
588 0 |a Print version record. 
505 0 |a Regionalism versus Multilateral Trade Arrangements; Contents; Acknowledgments; Introduction; 1. Problems with Overlapping Free Trade Areas; 2. The Political Economy of Mexico's Entry into NAFTA; 3. Social Policy Dimensions of Economic Integration: Environmental and Labor Standards; 4. EU, NAFTA, and Asian Responses: A Perspective from the Calculus of Participation; 5. Open versus Closed Trade Blocs; 6. Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA; 7. Asia Pacific Capital Markets: Integration and Implications for Economic Activity. 
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